Featured AFG mandate
Industrial climate technology · Australian manufacturingTurn industrial waste heat into productive electricity.
KATRIX is developing a proprietary small-scale organic Rankine cycle and expander platform for decentralised waste-heat electricity generation.
The industrial problem
Industrial processes reject large volumes of usable heat because conventional recovery systems are often too large, too bespoke or uneconomic at distributed scale.
- Heat is already produced and paid for
- Electricity can be generated close to the load
- Modular recovery can improve project economics and resilience
Technology and evidence
The KATRIX platform combines proprietary expander engineering, thermodynamic optimisation, heat exchange, controls and power electronics. A working 2.66 kW platform anchors the current evidence base.
- Physical proof platform—not a concept-only proposition
- AI-assisted optimisation across technical variables
- Development pathway to a 20 kW commercial system
- Further validation remains stage-gated and visible
Commercial pathway
The first wedge is integration with pyrolysis and waste-to-energy systems, where heat availability and operating context are already known. Broader applications include food processing, agriculture, resources and distributed industrial energy.
- Initial pyrolysis-linked field pathway
- Customer deployment assets financed separately
- Corporate capital funds platform de-risking, team and manufacturing readiness
- Repeatable module strategy rather than one-off engineering
Capital strategy
AFG has separated corporate development capital from customer-machine funding. The corporate raise is staged against technical and commercial evidence gates; deployments can use project or asset-finance structures.
- Prototype and validation milestones
- IP, engineering team and manufacturing readiness
- First-batch capability
- Controlled release of terms and financial materials
What diligence should test
The opportunity is designed for serious technical, commercial and investment review—not headline-only climate positioning.
- Independent technical validation
- 20 kW performance and manufacturability
- Customer contracts and deployment economics
- Unit economics, margins and capital intensity
- IP position, team build and execution timetable
Controlled diligence
Go beyond the public profile.
Suitable funders may request the detailed investor pack, financial information, technical materials and a management discussion. Access is subject to qualification and, where appropriate, confidentiality arrangements.
KATRIX
- Investor or information memorandum
- Technical and commercial evidence
- Capital pathway and use of funds
- Management introduction